Go AD-Free with CAclubindia PRO for Rs 167/Month Only. Subscribe Now!

Hsn wise derails in r1.

305 views 6 replies

NICSON JOHN

514 Points Posted on 17 October 2021

is it compulsory for all to show hsn wise details in r1.??.pls give a reply

Replies (6)

prasad Nilugal

GST Practitioner & Accounts

15085 Points Posted on 17 October 2021

Yes , From 1/4/2021 its mandatory to show HSN wise details in GSTR 1 . Refer Notification 78/2020 dated 15/10/2020 for more details .

NICSON JOHN

514 Points Posted on 18 October 2021

For b2c also??

prasad Nilugal

GST Practitioner & Accounts

15085 Points Posted on 18 October 2021

If Aggregate turnover up to five crore in the previous financial year not necessary for B2C transactions .

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 18 October 2021

Agree with prasad

anil jain

Partner

1072 Points Posted on 18 October 2021

Mr Prasad

Notification 78/2020 dated 15/10/2020 refers HSN code to be mentioned in invoice, it does not talk about HSN code to be mentioned in GSTR1.

Please correct me if I am wrong.

prasad Nilugal

GST Practitioner & Accounts

15085 Points Posted on 18 October 2021

Yes Jain sir you are correct , but I am also confused that' is why I have given reference of notification number and date to Mr John queriest to interpret notification . Normally we entered all details from Invoices in GSTR1 , wherein HSN code to be mentioned .